Finance News: Latest Financial News, Finance News today in Bangladesh

Landslide spectre

Monsoon landslides in the greater Chattogram and Chittagong Hill Tracts (CHT) have already added to the region's proneness to natural calamities. They belong to a different category. The country has for centuries been vulnerable to two main natural disasters: floods and cyclones. With the increasing incidence of landslides in the...

PLFSL: A skeleton in the NBFIs' closet?

The People's Leasing and Financial Services Limited (PLFSL), a listed non-banking financial institute (NBFI), is soon to be liquidated as the government has approved a central bank's proposal in this connection. The central bank is set to start soon the legal process for liquidation of the troubled entity. This will...

Hubris and humility are the indicators

The row over the transfer of a physician following his derogatory post against Masrafe Bin Mortaza, cricket captain of Bangladesh as well as a lawmaker, on the Facebook is an indication of the hubris the Bangalees as a nation is heir to. On June 26, just two months after Mashrafe's...

Dhaka-Chattogram Expressway

This letter is in reference to the report titled 'Dhaka-Chattogram Expressway Project put on the Back Burner' that was published in the Financial Express on July 13.It is surprising that a project that has been developed over six years at a cost of Tk 970 million is being shelved in...

Antibiotics, detergent and pesticides in milk!

The Dhaka University's pharmacy department has conducted two laboratory tests on different dates after collecting 10 samples of milk randomly from different parts of Dhaka City. These included packaged liquid milk, pasteurised milk and chocolate milk. The research found presence of toxic antibiotics, detergents and pesticides in most samples. The...